Seiko PMC Corporation (TSE:4963) acquired additional 20.2% stake in Total Acrylic Polymer Industry Corp. on January 16, 2019. A total of 1.01 million shares were acquired as part of the deal. After the deal, stake of Seiko PMC Corporation increased from 32% stake to 52.2% stake in Total Acrylic Polymer Industry and Total Acrylic Polymer will operate as a subsidiary of Seiko PMC. Seiko PMC Corporation (TSE:4963) completed the acquisition of additional 20.2% stake in Total Acrylic Polymer Industry Corp. on January 16, 2019.